Singapore and Malaysia are pretty similar culturally, and yet host plenty of differences, and one of the most significant differences between the two countries is the cost of living.
Cost of living is how much money you need to survive, including paying for basic necessities like food, clothing and housing.
If you take things at face value, then you’re bound to come to the quick conclusion that Singapore is the more expensive country to live in. It did after all, just top the Economist Intelligent Unit’s 2016 Worldwide Cost of Living Survey for the third year in a row. The survey compares the cost of living in 133 cities around the world.
However, the Ringgit’s decline, toll hikes and the introduction of the Goods and Services Tax (GST) from a year ago has also made it pretty expensive to live across the causeway.
Between the two countries, which one serves up the most of your money? We compare the cost of living from both sides of the divide and found a rather shocking answer!
This infographic was first published on iMoney.my,
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